Shenzhen City Internet financial association yesterday released on specification Shenzhen campus network borrowing business of notification, provides various staging platform, and P2P network loan, and electric business platform in to students provides reception Shi to followed nine items principles, General for is to improve review threshold, and review reimbursement capacity, and review funds uses (provides borrowing funds should main for student and venture need, and non-meet not reasonable of consumption habits), and is strictly prohibited profiteering urged received and so on. Incipio iPhone 6 Plus
Prior to that, news broke of female college students to topless for mortgage news, there are college students committed suicide because of the inability to pay its debts. Internet lending could meet the demand of some long tail, because uncontrolled lower threshold, became a form of usury, loan, led to many social problems.
Shenzhen Finance Association of Internet “is the biggest Internet financial industry organizations in Shenzhen, Shenzhen Municipal Government was established with the support of. By Shenzhen representative and influential financial institutions, Internet business, Internet financial enterprises, and related services industry self-regulatory organization made up of “, is an organization rather than an administrative agency in the financial sector, for staging platform, P2P NET loan, legally binding business platform is unknown, but the issued notifications to promote industry standardization. How effective is also needed time to verify.
Notice on regulating the Shenzhen campus of the lending business, reads as follows. Incipio iPhone 6 5.5 case
Shenzhen Association of Internet finance
Deep cross-gold (2016), 27th
Notice of lending on regulating the Shenzhen campus network
The Internet financial enterprises:
In recent years, part of the stage platform, P2P networks, I credit, e-commerce platform and Internet financial enterprises lending for student groups to develop the campus network. Because of low barriers to entry, regulatory lag, false propaganda, disguised within the industry issued loan sharks, collection of violence and other illegal violations, serious violations of the legitimate rights and interests of the students and interfered with the school teaching order, affect social harmony and stability.
For implement implementation Ministry of education, and silver prison will, ministries on Education Department Office China silver prison will Office on strengthening campus bad network borrowing risk prevention and education guide work of notification, and network borrowing information intermediary institutions business activities management provisional approach, legal regulations, and national, and province, and city Internet financial risk special regulation work of related requirements, for further promote campus network loan industry health development, specification bad loan behavior, combat illegal financial activities, by Association Council research decided, All companies (including e-commerce platform and various economic organizations) campus network of loan business in Shenzhen, Shenzhen, as well as corporate bodies in the field of campus NET loan business, must strictly follow these “nine”, and for self-examination and self-correction and regularizing. Relevant provisions are hereby notified as follows:
One, must be prepared to risk. Enterprises must fully comply with disclosure of necessary information, must be communicated in writing to borrow loan business charges students about campus network policies, gauge interest policy, suggesting that potential risks existing in applying for loans, and to ensure that the borrowing students already know and agree with the above information.
Second, the need to strengthen the information audit. Companies have to borrow a student’s eligibility, repayment ability, purpose, in loan information with other agencies, the second repayment or guarantor who has information such as the repayment ability of a rigorous review, and take responsibility for its authenticity.
Third, borrowing costs must be controlled. Companies to clearly inform the borrowing students ‘ overall borrowing costs, not to service charges, fees, Rush charges and other disguised charge high fees. Not able to pay a security deposit, royalty and other forms of deduction of loan funds.
Four, we must review the borrowing. In addition to student loans, business loans and other lending to help to study and work out, companies are not allowed to borrow student loans for other purposes.
Five, you must follow the precautionary principle. Enterprises to the minors or students any loans with limited civil capacity, guardian’s written consent must be obtained and signed. To has completely civil capacity of students issued any loan, must get second repayment source party of written agreed, and on its authenticity is responsible for; second repayment source party must for has repayment capacity of parents or other guarantor; second repayment source party for has repayment capacity of students of, must by both students of class or counselor signed witness and notification both of parents or family; second repayment source party issued effective evidence proved its written views for others forged of, Businesses no longer the second source of repayment for any form of collection. For the public nature of student loans, no second source of repayment, must obtain the written consent of the student’s school.
Six, the need to ensure information security. All enterprises must adopt a strict customer information protection system, proper management of students ‘ basic information, loan application information, not the illegal disclosure, exposure, or the sale of loan information.
Seven, against illegal propaganda. Companies shall not engage in any forms of on campus marketing campaign. Shall not use ambiguous language or other fraudulent means, false-sided offline publicity.
Eight, offline sales and agents on campus is strictly prohibited. The enterprise may not themselves or delegate, authorized third parties outside of the Internet and other electronic channels the physical place of publicity or promotion and financing projects. Non-commissioned student, school staff or campus businesses carried out in schools, such as any form of online promotion, marketing or agency activities.
Nine is strictly prohibited illegal collection practices. The enterprise must properly processing borrowing late situation, is strictly prohibited various violations illegal urged received behavior, including but not limited to: to borrowing students where QQ Group, and micro-letter group, social platform released urged received information; to non-second repayment source party of borrowing students of parents, and relatives, and students, and friends, released related information or urged received; to second repayment source party no repayment legal responsibility of relatives, and friends, take of any urged received behavior; public posted arrears posters; stress shooting and announced “nude as” ; Violence collection and other interference loan collection of the student learning experience.
Today, manufacturers new loan business of the campus network must be carried out in accordance with the requirements of this circular; for stock business, should be notified immediately in accordance with the requirements of the corrective actions and completion of rectification work within three months, after the completion of rectification, rectification submitted to the Association in writing.
The Association will actively cooperate with the regulator on the city campus loan business to carry out special inspection and regulation; refusing to reform enterprises, this Association to society announcements and reported to the relevant authorities for investigation.
The Association welcomes the Community loan to report violations of the campus network, telephone: 0755-23613031, report email: email@example.com.CN.
Shenzhen Association of Internet finance
The August 30, 216